Grace Crane
ReporterGrace Crane is a reporter for Digital Insurance.
Grace Crane is a reporter for Digital Insurance.
The insurtech discusses its multi-line solutions and ethics of AI.
AI and automation tools can offset the effects of costly vehicle repairs and length claims cycles.
Allianz Global Corporate & Specialty SE (AGCS) to sell its U.S. Fireman's Fund insurance businesses to Arch Insurance for $1.4 billion.
This will be the first spring outlook since 2021 where there are no communities at risk of significant flooding, according to climate forecasters.
In partnership with the United Nations Capital Development Fund (UNCDF), Lloyd's will run parametric insurance training workshops in Papua New Guinea and Fiji.
The insurtech targets underwriting efficiency and accuracy through generative AI-powered tools.
The report emphasizes that accurate risk management practices and data utilization will be key in responding to this year's trends.
EV repair costs can run up to 29% higher than traditional combustion engine vehicles, due to battery pack replacement costs.
Michelleta Razon comes from Google Cloud and will work to implement data solutions that drive accessibility and efficiency.
Commercial property insurance customers are concerned about climate risk, and most are willing to invest $20,000 or more to increase resilience.